A recent article published in the Harvard Business Review had Ram Charan, Dominic Barton and Dennis Carey suggesting that the most important triangle of leadership in any organisation is the CEO, CFO and the CHRO. It says that companies that have this competent trio are more likely to win in the marketplace as compared to others.

It explains the demand in quality HR talent - those moving out and companies eager to get them onboard. In the last few months alone, there have been exits galore - many of them high-profile. In July, Prabir Jha, CHRO of Reliance Industries quit - ET recently reported he is set to join Cipla soon - while earlier this month, Vedanta Group HR head Rajesh Padmanabhan put in his papers.

At PepsiCo, Chief People Officer Samik Basu has quit after a nearly 14-year stint, while Krish Shankar, the head of human resources for South Asia at Philips is believed to be joining Infosys as its global HR head. Other movements that have happened since May include Madhavi Lall, who's joined Deutsche Bank as MD, head-HR after a nine-month stint at Accenture; Ganesh Chandan who left Avantha ERGO Life Insurance to join as president and CHRO, Suzlon Group; Somnath Baishya who moved from Adobe India to Intuit India as director and head-HR; Rohit Sandal who's joined as Lenovo HR director from Dell and Vodafone HR director Ashok Ramachandran who is now set to join the Aditya Birla Group. "The next stage we will see is a generational shift. After all these senior seasoned HR leaders, there is a generational shift that is bound to happen," sums up a senior headhunter.